ETRACS Alerian MLP Infrastructure Index ETN Series B (NYSEARCA:MLPB) Short Interest Update

ETRACS Alerian MLP Infrastructure Index ETN Series B (NYSEARCA:MLPB) was the target of a significant drop in short interest in the month of August. As of August 31st, there was short interest totaling 511 shares, a drop of 93.5% from the August 15th total of 7,903 shares. Based on an average daily volume of 3,087 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the company’s shares are short sold.

ETRACS Alerian MLP Infrastructure Index ETN Series B Trading Down 0.6%

MLPB traded down $0.20 on Thursday, reaching $31.64. 6,088 shares of the company traded hands, compared to its average volume of 5,893. ETRACS Alerian MLP Infrastructure Index ETN Series B has a one year low of $23.41 and a one year high of $31.94. The firm has a fifty day simple moving average of $30.57 and a two-hundred day simple moving average of $29.55.

ETRACS Alerian MLP Infrastructure Index ETN Series B Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 22nd. Stockholders of record on Tuesday, July 14th were paid a dividend of $0.4437 per share. This is a boost from ETRACS Alerian MLP Infrastructure Index ETN Series B’s previous quarterly dividend of $0.44. This represents a $1.77 annualized dividend and a dividend yield of 5.6%. The ex-dividend date of this dividend was Tuesday, July 14th.

ETRACS Alerian MLP Infrastructure Index ETN Series B Company Profile

The ETRACS Alerian MLP Infrastructure Index ETN Series B (MLPB) is an exchange-traded fund that is based on the Alerian MLP Infrastructure index, a market-cap-weighted index of 25 North American energy infrastructure master limited partnerships. MLPB was launched on Oct 8, 2015 and is issued by ETRACS.